Equipment Depreciation | 32900 | |||
Indirect Labor | 7460 | |||
Machining | Setting up | Other | ||
Equipment Depreciation | 0.3 | 0.4 | 0.3 | |
Indirect Labor | 0.4 | 0.2 | 0.4 | |
a.Assigning to cost pools | ||||
Machining | Setting up | Other | ||
Equipment Depreciation | 9,870 | 13,160 | 9,870 | |
Indirect Labor | 2,984 | 1,492 | 2,984 | |
Total | 12,854 | 14,652 | 12,854 | |
b.Activity Rate = Overhead In Cost pool/Total Activity | ||||
Machining | 0.77 | per MH | ||
Setting Up | 9.16 | per batch | ||
c. Assigning cost | ||||
Product S4 | Product C0 | |||
Machining | 8,316 | 4,543 | ||
Setting Up | 916 | 13,740 | ||
Total | 9,232 | 18,283 | ||
d.Product Margin | ||||
Product S4 | Product C0 | |||
Sales | 78,300 | 74,500 | ||
Direct material | 25,000 | 25,100 | ||
Direct Labor | 36,700 | 25,200 | ||
Overheads | 9,232 | 18,283 | ||
Product Margin | 7,368 | 5,917 |
please answer soon!!! Saved Howell Corporation's activity-based costing system has three activity cost pools--Machining. Setting Up,...
Howell Corporation's activity-based costing system has three activity cost pools-Machining, Setting Up, and Other. The company's overhead costs, which consist of equipment depreciation and indirect labor, are allocated to the cost pools in proportion to the activity cost pools' consumption of resources. Equipment depreciation (total) Indirect labor (total) $32,900 $ 7,460 Distribution of Resource Consumption Across Activity Cost Pools Equipment depreciation Indirect labor Machining 0.30 0.40 Setting Up Other 0.40 0.30 0.20 0.40 Costs in the Machining cost pool are...
Howell Corporation's activity based costing system has three activity cost pools-Machining, Setting Up, and other. The company's overhead costs, which consist of equipment depreciation and indirect labor, are allocated to the cost pools in proportion to the activity cost pools' consumption of resources. Equipment depreciation (total) Indirect labor (total) $27.300 $ 7.510 Distribution of Resource Consumption Across Activity Cost Pools Equipment depreciation reciation Indirect labor Machining 0.50 0.40 Setting Up Other 0.20 0.30 0.30 Costs in the Machining cost pool...
Howell Corporation's activity based costing system has three activity cost pools--Machining. Setting Up, and other. The company's overhead costs, which consist of equipment depreciation and indirect labor, are allocated to the cost pools in proportion to the activity cost pools' consumption of resources. Equipment depreciation (total) Indirect labor (total) $ 27,200 $ 7,840 Distribution of Resource Consumption Across Activity Cost Pools Equipment depreciation Indirect labor Machining 0.40 0.40 Setting Up Other 0.300 .30 0.30 0.30 Costs in the Machining cost...
Howell Corporation's activity-based costing system has three activity cost pools--Machining, Setting Up, and Other. The company's overhead costs, which consist of equipment depreciation and indirect labor, are allocated to the cost pools in proportion to the activity cost pools' consumption of resources. Equipment depreciation (total) $ 27,200 Indirect labor (total) $ 7,840 Distribution of Resource Consumption Across Activity Cost Pools Machining Setting Up Other Equipment depreciation 0.40 0.30 0.30 Indirect labor 0.40 0.30 0.30 Costs in the Machining cost pool...
Howell Corporation's activity-based costing system has three activity cost pools--Machining, Setting Up, and Other. The company's overhead costs, which consist of equipment depreciation and indirect labor, are allocated to the cost pools in proportion to the activity cost pools' consumption of resources. Equipment depreciation (total) $ 35,600 Indirect labor (total) $ 7,350 Distribution of Resource Consumption Across Activity Cost Pools Machining Setting Up Other Equipment depreciation 0.20 0.50 0.30 Indirect labor 0.30 0.30 0.40 Costs in the Machining cost pool...
Howell Corporation's activity-based costing system has three activity cost pools-Machining, Setting Up, and Other. The company's overhead costs, which consist of equipment depreciation and indirect labor, are allocated to the cost pools in proportion to the activity cost pools' consumption of resources. Equipment depreciation (total) Indirect labor (total) $32,300 $7,250 Distribution of Resource Consumption Across Activity Cost Pools Machining Setting Up Other Equipment depreciation Indirect labor 0.50 0.30 0.20 0.40 0.30 0.30 Costs in the Machining cost pool are assigned...
Howell Corporation's activity-based costing system has three activity cost pools--Machining, Setting Up, and Other. The company's overhead costs, which consist of equipment depreciation and Indirect labor, are allocated to the cost pools In prop cost pools' consumption of resources. Equipment depreciation (total) Indirect labor (total) $ 34,400 $ 7,730 Distribution of Resource Consumption Across Activity Cost Pools Equipment depreciation Indirect labor Machining 2.30 2.40 Setting Up 2.30 0.28 Other 0.40 0.40 Costs in the Machining cost pool are assigned to...
Howell Corporation's activity-based costing system has three activity cost pools--Machining, Setting Up, and Other. The company's overhead costs, which consist of equipment depreciation and indirect labor, are allocated to the cost pools in proportion to the activity cost pools' consumption of resources Equipment depreciation (total) Indirect labor (total) $32,300 $7.250 Distribution of Resource Consumption Across Activity Cost Pools Machining Setting up Equipment depreciation ceciation 0.50 0.30 0.30 Indirect labor other 0.30 0.20 Costs in the Machining cost pool are assigned...
Greife Corporation's activity-based costing system has three activity cost pools--Machining, Setting Up, and Other. The company's overhead costs have already been allocated to these cost pools as follows: Machining Setting Up Other $77,832 $95,800 $ 22,500 Costs in the Machining cost pool are assigned to products based on machine-hours (MHS) and costs in the Setting Up cost pool are assigned to products based on the number of batches. Costs in the Other cost pool are not assigned to products. The...
Musich Corporation has an activity-based costing system with three activity cost pools--Machining, Setting Up, and Other. The company's overhead costs, which consist of equipment depreciation and indirect labor, have been allocated to the cost pools already and are provided in the table below. Activity Cost Pools Machining Setting Up Other Total Equipment depreciation $ 7,200 $ 43,200 $ 21,600 $ 72,000 Indirect labor 1,200 1,800 3,000 6,000 Total $ 8,400 $ 45,000 $ 24,600 $ 78,000 Costs in the Machining...